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frieze seoul 2025 sales report 1234750751

The fourth edition of Frieze Seoul opened with strong collector turnout and solid first-day sales, despite a turbulent global art market. High-profile attendees included MoMA PS1 director Connie Butler, Hawai‘i Triennial 2025 cocurator Wassan Al-Khudhairi, and Top 200 Collectors Lonti Ebers, Yassmin Ghandehari, and Qiao Zhibing, alongside K-pop stars Lisa (BLACKPINK), RM (BTS), and The8 and Vernon (Seventeen). Major sales included Hauser & Wirth’s $4.5 million sale of Mark Bradford’s triptych "Okay, then I apologize" (2025) and a George Condo painting for $1.2 million, while White Cube, Thaddaeus Ropac, Pace Gallery, and others reported significant transactions. International blue-chip galleries with Seoul spaces are doubling down, presenting top-tier shows of star artists like James Turrell, Antony Gormley, and Lee Bul, with Korea’s private museums also mounting blockbuster exhibitions.

collectors reveal key advice part ii 2666208

Artnet News published part two of a two-part series featuring advice from 11 experienced collectors. Among them are comedian Cheech Marin, who began collecting Chicano art in the 1980s and opened the Cheech Marin Center for Chicano Art and Culture in Riverside, California in 2022, and Kiran Nadar, founder of the Kiran Nadar Museum of Art in India, who with her husband has amassed over 15,000 works. Marin emphasizes trusting instincts, building relationships with artists, seeing art in person, and warns about storage space becoming an addiction. Nadar advises staying open and curious, and not hesitating to explore the unfamiliar.

frieze los angeles satellite fairs report 1234775094

The Felix Art Fair kicked off LA Art Week at the Hollywood Roosevelt Hotel, drawing significant crowds despite logistical hurdles. While long lines for elevators slowed the initial flow of visitors to the upper floors, exhibitors reported steady interest and early sales. New York-based dealers faced particular challenges arriving for the opening due to a major Nor’easter that disrupted flights across the East Coast, forcing many to finalize their booths just hours before the VIP preview.

the view from paula tsai 2647042

Paula Tsai, a key figure in Asia's art market, discusses the evolving landscape of collecting in the region, focusing on mainland China and Korea. She notes a surge of new buyers from China, many of whom are young entrepreneurs, while the Korean market remains more mature and stable. Tsai addresses the impact of tariffs on importing art, particularly for Chinese collectors, but asserts that passionate collectors will continue to buy, adjusting timing rather than abandoning purchases. She also highlights the growing Thai market and the complexity of the Chinese market, where established collectors are cautious but new entrants keep activity high.

nadine khoury founder dubai young collectors circle future collecting art gulf 1234757722

Nadine Khoury, a Dubai-based collector, curator, and art adviser, founded the Young Collectors Circle in 2023 to engage Millennial and Gen Z professionals in the Gulf region with the local art scene. The initiative offers free events such as studio visits, suppers with established collectors, and group outings to exhibition openings, aiming to make art collecting accessible and educational. Khoury, who previously worked at Green Art Gallery, started the circle with friends and grew it through social media and word-of-mouth, limiting attendance to 15 people to foster a friendly, barrier-free environment.

Art Rotterdam focuses on photography

The 27th edition of Art Rotterdam took place at the Rotterdam Ahoy, featuring over 150 galleries with a heavy emphasis on the Dutch art scene. This year’s fair was marked by a strategic integration with the photography fair Unseen and coincided with major local developments, including the relocation of the Nederlands Fotomuseum to its new 'Santos' home and the opening of the Fenix Museum of Migration. Notable presentations included Sakir Khader’s poignant photography of Palestinian resistance at No Man's Art Gallery and Shimon Kamada’s atmospheric oil paintings at Diez Gallery.

Contemporary art on paper at DESA Unicum

The DESA Unicum auction house in Warsaw has opened its latest "Contemporary Art. Works on Paper" exhibition, which will culminate in an auction of the presented works. This edition is notable for its broad historical scope, featuring pieces created between 1940 and 2025, and includes museum-quality works and rare sketches by key Polish avant-garde artists.

How Blue-Chip Art Markets Are Opening Up to New Collectors

The contemporary art market in 2025 is experiencing a paradox: traditional indicators show cooling, but online sales are booming and attracting new, younger collectors. According to the Art Basel and UBS Art Market Report 2025, online sales now account for 22% of dealer transactions, with 46% of online sales in 2024 going to first-time buyers—up from 35% the previous year. High-net-worth individuals increasingly prefer purchasing through digital channels like dealer websites or Instagram, and established collectors are also buying sight unseen. This shift is driven by greater access to authenticated limited editions and prints by blue-chip artists such as Andy Warhol, Jean-Michel Basquiat, Banksy, David Hockney, and Damien Hirst, offered by galleries like Calder Contemporary in London with transparent pricing and provenance.

Post-Fair delivers by keeping it simple

Post-Fair concluded its second edition in Los Angeles, featuring a curated selection of 31 galleries including PPOW, White Columns, and Tomio Koyama Gallery. Held in a former post office, the event maintained an open floor plan and a relaxed atmosphere that attracted high-profile attendees like artist Paul McCarthy and collectors Beth Rudin DeWoody and Maja Hoffmann. Sales were reported across various price points, with Ehrlich Steinberg selling half of its presentation of Joel Otterson’s sculptures.